Mining Industry Data Matching Program

Are you a taxpayer contracting to the mining industry?

Recently the Tax Office has announced a data matching program for contractors who provide personal services specifically to the mining industry.

You must be aware of the ATO's data matching projects & contact us if you require any clarification or advice.

The Tax Office is currently undertaking a data matching program which is aimed at contractors who provide their personal services to the mining industry.

 

Under the project, the Tax Office will seek to obtain information from several sources including:

a. Mining companies;

b. Contracting companies in the mining industry; and

c. Labour hire firms that specialise in labour for the mining industry.

 

The Tax Office will only look at payments made to entities such as companies, partnerships and trusts that comprise a reward for personal efforts or skills.nThe Tax Office aims to match the data from various sources against its taxpayer records to identify and address non-compliance with the personal services income rules.

Click here for more information on the ATO's data matching initiatives on Personal Services Income or visit http://www.ato.gov.au.

Remember you must ensure you are aware of the ATO's data matching program on personal services within the mining industry.